2/9/2006

The Property Casualty Insurers Association of America has voiced its opposition to the asbestos victims' fund legislation set for debate in the Senate, calling the bill "well intentioned" but "a potential public policy disaster." Resolving the asbestos crisis must be a top priority, said PCI President and CEO Ernie Csiszar, but the Fairness in Asbestos Injury Resolution Act was "cobbled together in an effort to satisfy all political factions, without due diligence given to the effects the bill will have on asbestos victims, employers, insurers, and our nation's economy."

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